# PPP loan: OVERLAND CORPORATION
> **$1.25M** approved 04/05/2020 · Paid in Full · Loan `5428657005`
## Borrower
- **Name:** OVERLAND CORPORATION
- **Address:** 534 US Highway 77, ARDMORE, OK, 73401-2085
- **NAICS:** 237310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.25M
- **Initial approval:** $1.25M
- **Forgiven:** $1.26M (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.06M
- **Rent:** $125K
- **Utilities:** $63K
- **Jobs reported:** 91
## Lender
- **Originating:** First United Bank and Trust Company
- **Servicing:** First United Bank and Trust Company (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*